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Re: trader59 post# 126937

Monday, 02/11/2019 12:27:25 PM

Monday, February 11, 2019 12:27:25 PM

Post# of 191887
That’s a whole bunch of wasted typing you did. Netflix was not profitable for years because they were spending so much money on content and trying to build their subscriber base. Now they generate billions! Snapchat reported loses in the hundreds of millions last year, and they’re still a 12 billion dollar company. You can harp on minimal revenue and operating costs all you like but in the end the point is moot. The potential for this fairly new company to generate revenue later on is what’s driving up the SP. either cover your short position or if you’re a trader then find another stock to flip. This one is done playing games. Maybe invest and hang on for a bit, then change your tune of your posts ;)
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